Germany Autos Q1 2021
EVs will be a bright spot in 2020 as automakers prioritise their production in response to Covid-19 and consumersentiment toward lower-emission vehicles strengthens. We believe that extending the incentives will sustain robust growth inGermany's EV segment, despite the staged decline in incentives. Furthermore, from 2022 onwards we believe that the market shareof hybrid vehicles will drop to a new low as they are excluded from the incentive scheme.
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